|Bid||0.2150 x 0|
|Ask||0.2200 x 0|
|Day's range||0.2150 - 0.2150|
|52-week range||0.1770 - 0.2300|
|Beta (3Y monthly)||-0.08|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||0.59|
Here are two Singapore companies that issued bonus shares and subsequently saw their share prices soar. But how sustainable is this effect and do shareholders benefit?
SINGAPORE (July 23): Engineering, maintenance and subsea services group MTQ Corporation has reported earnings of $0.8 million for the 1Q20 ended June, reversing out of a loss of $3.5 million in the corresponding quarter last year. Earnings per share (EPS) rose to 0.35 cents for 1Q20, compared to loss per share of 1.71 cents in 1Q19. This was due to higher activities across all segments within the group, as Mainboard-listed MTQ continues its recovery and saw its second consecutive profitable quarter.
Investors who are pondering if they should start looking at the oil and gas industry should take note of these three charts which provide guidance on the state of the industry.